Economic Globalization: The Five Basic Globalization Types

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Economic Globalization : The Five Basic Globalization Types Bruno G. Ruettimann Current Economic theory gives no sufficient practical models to explain the re- cent Economic development with respect to Globalization . In fact, the Economic Globalization is not always the same Globalization , which is recognized through the different manifestations of this phenomenon. Based on the four Basic busi- ness typologies (commodities, standards, specialties, and convenience goods). a new model defines five fundamental Types of Economic Globalization (1a, 1b, 1c, 2, and 3).

fast-food chains or franchised fashion stores covering the globe to conquest market share – ... The latent value expresses the value for the customer; it explains why a more expensive resource – like aluminium versus steel – is chosen.

  Chain, Value, Versus